Real Estate

LadyJane · 09-26-2009, 12:05 PM

[QUOTE=gf2020;107463]New guy chiming in here.

IWhat's interesting to me as a potential buyer is that there is not a lot of rhyme or reason to what drives the asking price for some of these pieces of land. It's like the seller and their realtor just made something up to see if it would fly. I guess if they figure that nothing is selling anyways and they don't really need to sell, then what do they have to lose. I'm talking about some lots that have been on the market for over a year with no or very little price adjustment.

I agree with your observations. I shopped for land in the Meredith, Center Harbor area for two years. I learned a lot. I made a STRONG offer on one lot that had deeded access to water, and the owner did not accept it, and did not counter offer either. A year later, it was still on the market. Funny...I ended up buying a piece of land in Sandwich. I wasn't even looking there initially but fell in love with the town. Good luck with your search. It's fun looking !!

09-26-2009, 12:05 PM	#11
LadyJane Senior Member Join Date: Feb 2005 Location: northern Ct. Posts: 335 Thanks: 129 Thanked 50 Times in 33 Posts	prices on land [QUOTE=gf2020;107463]New guy chiming in here. IWhat's interesting to me as a potential buyer is that there is not a lot of rhyme or reason to what drives the asking price for some of these pieces of land. It's like the seller and their realtor just made something up to see if it would fly. I guess if they figure that nothing is selling anyways and they don't really need to sell, then what do they have to lose. I'm talking about some lots that have been on the market for over a year with no or very little price adjustment. I agree with your observations. I shopped for land in the Meredith, Center Harbor area for two years. I learned a lot. I made a STRONG offer on one lot that had deeded access to water, and the owner did not accept it, and did not counter offer either. A year later, it was still on the market. Funny...I ended up buying a piece of land in Sandwich. I wasn't even looking there initially but fell in love with the town. Good luck with your search. It's fun looking !!